At Breakeven Point, ________

question 143

Multiple Choice

At breakeven point, ________.

• A) operating income is equal to zero
• B) contribution margin minus fixed costs is equal to profits earned
• C) revenues equal fixed costs minus variable costs
• D) breakeven revenues equal fixed costs divided by the variable cost per unit

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Definitions:

Variation

The extent to which data points in a statistical distribution or dataset differ from each other.

Average Weight

The mean mass of a group of objects or individuals, calculated by dividing the total weight by the number of objects or individuals.

Predictors

Variables or factors that are used in statistical models to forecast or estimate another variable of interest.

Best Predictor

A variable or factor that most accurately forecasts or indicates a specific outcome.